About PetIQ (NASDAQ:PETQ)
PetIQ, Inc. develops, manufactures, and distributes pet medications, and health and wellness products for dogs and cats in the United States, Canada, and Europe. It offers pet prescription medications, including products for arthritis, thyroid, and diabetes and pain treatments, as well as heartworm preventatives, antibiotics, and other specialty medications; over-the-counter medications and supplies, such as flea and tick control products in various forms comprising spot on treatments, chewables, and collars; and health and wellness products consisting of specialty treats and other pet products, which include dental treats and nutritional supplements. The company provides its products primarily under the VetIQ, PetAction Plus, Advecta, PetLock Plus, and TruProfen brands. It sells its products through distributors as well as through retail stores, including approximately 40,000 retail pharmacy locations. PetIQ, Inc. was founded in 2010 and is headquartered in Eagle, Idaho.
Industry, Sector and Symbol
Industry Drugs, proprietaries, & sundries
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:PETQ
CUSIPN/A
Phone1-208-939-8900
Debt
Debt-to-Equity Ratio0.17%
Current Ratio5.99%
Quick Ratio3.56%
Price-To-Earnings
Trailing P/E Ratio59.00
Forward P/E Ratio29.13
P/E GrowthN/A
Sales & Book Value
Annual Sales$266.69 million
Price / Sales2.02
Cash Flow$0.4133 per share
Price / Cash55.67
Book Value$4.88 per share
Price / Book4.72
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees225
Outstanding Shares23,440,000
PetIQ (NASDAQ:PETQ) Frequently Asked Questions
What is PetIQ's stock symbol?
PetIQ trades on the NASDAQ under the ticker symbol "PETQ."
How were PetIQ's earnings last quarter?
PetIQ (NASDAQ:PETQ) released its quarterly earnings data on Tuesday, March, 13th. The company reported $0.19 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.14. The firm earned $51.93 million during the quarter, compared to the consensus estimate of $51.63 million. View PetIQ's Earnings History.
What price target have analysts set for PETQ?
6 brokerages have issued twelve-month target prices for PetIQ's stock. Their predictions range from $26.00 to $31.00. On average, they anticipate PetIQ's share price to reach $28.20 in the next twelve months. View Analyst Ratings for PetIQ.
What are Wall Street analysts saying about PetIQ stock?
Here are some recent quotes from research analysts about PetIQ stock:
- 1. According to Zacks Investment Research, "PetIQ, Inc. is a pet medication and wellness company. Its product consists of Rx Medications, OTC Medications and Supplies, Health and Wellness Products. The Company serves retail stores across the mass, club, grocery, pharmacy and e-commerce channels. PetIQ, Inc. is based in Eagle, United States. " (4/18/2018)
- 2. Jefferies Group LLC analysts commented, "PETQ remains our favored small-cap growth idea with compelling upside (41% 12-mo. TSR) following its recent modeling call. Industry tailwinds still in place, though co. growth becomes heavily reliant on retail clinic expansion, which we expect to comprise >65% of profits by 2023. Recent pullback reflects soft 1Q/ digestion of deal and new" model will have to be proven; however, shares look attractive here at 15.5x EV/EBITDA (vs. 17.5x hist avg.) – PT to $31." (4/11/2018)
Who are some of PetIQ's key competitors?
Some companies that are related to PetIQ include Intra-Cellular Therapies (ITCI), Retrophin (RTRX), Athenex (ATNX), ProMetic Life Sciences (PLI), Zai Lab (ZLAB), Glaukos (GKOS), CytomX Therapeutics (CTMX), Uniqure (QURE), MacroGenics (MGNX), Luminex (LMNX), Biohaven Pharmaceutical (BHVN), Alder BioPharmaceuticals (ALDR), National Healthcare (NHC), Assembly Biosciences (ASMB), Owens & Minor (OMI), Access Pharmaceuticals (ABEO), Intellia Therapeutics (NTLA) and Flexion Therapeutics (FLXN).
Who are PetIQ's key executives?
PetIQ's management team includes the folowing people:
- Mr. Mccord Christensen, Chairman of Directors & CEO (Age 46)
- Mr. John Newland, CFO & Corp. Sec. (Age 54)
When did PetIQ IPO?
(PETQ) raised $86 million in an initial public offering on Friday, July 21st 2017. The company issued 5,700,000 shares at $14.00-$16.00 per share. Jefferies and William Blair acted as the underwriters for the IPO and Oppenheimer, Raymond James and SunTrust Robinson Humphrey were co-managers.
Has PetIQ been receiving favorable news coverage?
Media stories about PETQ stock have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. PetIQ earned a news sentiment score of 0.07 on Accern's scale. They also gave press coverage about the company an impact score of 46.30 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are PetIQ's major shareholders?
PetIQ's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include
SANTANA WILL
(8.20%),
SANTANA WILL
(8.20%) and
PECORARO KENNETH
(8.20%). Company insiders that own PetIQ stock include John Newland and Mccord Christensen. View Institutional Ownership Trends for PetIQ.
How do I buy shares of PetIQ?
Shares of PETQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is PetIQ's stock price today?
One share of PETQ stock can currently be purchased for approximately $23.01.
How big of a company is PetIQ?
PetIQ has a market capitalization of $532.04 million and generates $266.69 million in revenue each year. The company earns $-3,490,000.00 in net income (profit) each year or $0.39 on an earnings per share basis. PetIQ employs 225 workers across the globe.
How can I contact PetIQ?
PetIQ's mailing address is 500 E. SHORE DRIVE SUITE 120, EAGLE ID, 83616. The company can be reached via phone at 1-208-939-8900 or via email at [email protected]
MarketBeat Community Rating for PetIQ (PETQ)
MarketBeat's community ratings are surveys of what our community members think about PetIQ and other stocks. Vote "Outperform" if you believe PETQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PETQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
PetIQ (NASDAQ:PETQ) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
6 Wall Street analysts have issued ratings and price targets for PetIQ in the last 12 months. Their average twelve-month price target is $28.20, suggesting that the stock has a possible upside of 22.56%. The high price target for PETQ is $31.00 and the low price target for PETQ is $26.00. There are currently 6 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 3.00 | 3.00 | 3.00 | 2.83 |
| Ratings Breakdown: | 0 Sell Rating(s)
0 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $28.20 | $27.40 | $27.40 | $27.00 |
| Price Target Upside: | 22.56% upside | 28.22% upside | 28.22% upside | 18.06% upside |
PetIQ (NASDAQ:PETQ) Consensus Price Target History
PetIQ (NASDAQ:PETQ) Analyst Ratings History
Show:
(Data available from 4/21/2016 forward)
PetIQ (NASDAQ:PETQ) Earnings History and Estimates Chart
PetIQ (NASDAQ:PETQ) Earnings Estimates
2018 EPS Consensus Estimate: $0.79
2019 EPS Consensus Estimate: $1.17
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2018 | 4 | $0.02 | $0.07 | $0.05 |
| Q2 2018 | 4 | $0.33 | $0.42 | $0.37 |
| Q3 2018 | 4 | $0.25 | $0.34 | $0.29 |
| Q4 2018 | 4 | $0.06 | $0.10 | $0.08 |
| Q1 2019 | 1 | $0.11 | $0.11 | $0.11 |
| Q2 2019 | 1 | $0.51 | $0.51 | $0.51 |
| Q3 2019 | 1 | $0.41 | $0.41 | $0.41 |
| Q4 2019 | 1 | $0.14 | $0.14 | $0.14 |
PetIQ (NASDAQ PETQ) Earnings History by Quarter
| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 3/13/2018 | Q4 2017 | $0.05 | $0.19 | $51.63 million | $51.93 million | View | N/A |  |
| 11/6/2017 | Q3 2017 | $0.14 | $0.29 | $58.25 million | $60.55 million | View | N/A | |
(Earnings results data provided by Zacks Investment Research)
PetIQ (NASDAQ:PETQ) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
PetIQ (NASDAQ PETQ) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 37.02%
PetIQ (NASDAQ PETQ) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 4/2/2018 | Mccord Christensen | CEO | Sell | 20,000 | $26.22 | $524,400.00 | | |
| 3/19/2018 | John Newland | CFO | Sell | 5,500 | $24.83 | $136,565.00 | | |
| 3/19/2018 | Mccord Christensen | CEO | Sell | 40,000 | $24.92 | $996,800.00 | | |
(Data available from 1/1/2013 forward)
PetIQ (NASDAQ PETQ) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | PetIQ (PETQ) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - April 18 at 10:05 AM |
| Jefferies Group Analysts Cut Earnings Estimates for PetIQ (PETQ)
www.americanbankingnews.com - April 16 at 1:17 AM |
| Q2 2018 EPS Estimates for PetIQ (PETQ) Lifted by Jefferies Group
www.americanbankingnews.com - April 13 at 8:43 AM |
| PetIQ (PETQ) Receives Buy Rating from Jefferies Group
www.americanbankingnews.com - April 11 at 5:35 PM |
| PetIQ (PETQ) Lowered to "Hold" at BidaskClub
www.americanbankingnews.com - April 6 at 10:46 AM |
| PetIQ (PETQ) Downgraded by Zacks Investment Research to Strong Sell
www.americanbankingnews.com - April 6 at 9:36 AM |
| PetIQ (PETQ) Expected to Earn Q1 2018 Earnings of $0.05 Per Share
www.americanbankingnews.com - April 6 at 6:23 AM |
| Brokerages Expect PetIQ (PETQ) Will Announce Quarterly Sales of $109.98 Million
www.americanbankingnews.com - April 6 at 1:58 AM |
| Q1 2018 Earnings Estimate for PetIQ Issued By SunTrust Banks (PETQ)
www.americanbankingnews.com - April 5 at 8:25 AM |
| William Blair Weighs in on PetIQ's Q1 2018 Earnings (PETQ)
www.americanbankingnews.com - April 5 at 7:22 AM |
| $0.24 EPS Expected for PetIQ (PETQ) This Quarter
www.americanbankingnews.com - April 4 at 11:12 PM |
| PetIQ (PETQ) CEO Mccord Christensen Sells 20,000 Shares
www.americanbankingnews.com - April 4 at 10:56 PM |
| Q2 2018 EPS Estimates for PetIQ (PETQ) Boosted by Analyst
www.americanbankingnews.com - April 4 at 6:26 AM |
| Q3 2018 EPS Estimates for PetIQ Lifted by William Blair (PETQ)
www.americanbankingnews.com - April 4 at 6:26 AM |
 | PetIQ reiterates 2018 guidance after takeover of Community Vet Clinics
seekingalpha.com - April 3 at 10:05 AM |
| PetIQ (PETQ) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - March 28 at 1:10 PM |
 | PetIQ, Inc. to Release Pro Forma Financial Results for the Acquisition of VIP Petcare on Monday, April 2nd
finance.yahoo.com - March 27 at 10:13 AM |
| PetIQ (PETQ) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - March 27 at 10:06 AM |
| PetIQ (PETQ) Lifted to Buy at BidaskClub
www.americanbankingnews.com - March 26 at 11:30 PM |
| PetIQ (PETQ) Upgraded to Buy at BidaskClub
www.americanbankingnews.com - March 21 at 11:48 PM |
| PetIQ Inc (PETQ) CEO Sells $996,800.00 in Stock
www.americanbankingnews.com - March 21 at 10:10 PM |
| John Newland Sells 5,500 Shares of PetIQ Inc (PETQ) Stock
www.americanbankingnews.com - March 21 at 10:10 PM |
| PetIQ, Inc. Expands Its Board of Directors
finance.yahoo.com - March 19 at 4:08 PM |
| Zacks: Brokerages Expect PetIQ Inc (PETQ) Will Announce Earnings of $0.24 Per Share
www.americanbankingnews.com - March 18 at 9:12 PM |
| PetIQ (PETQ) Upgraded by Zacks Investment Research to "Buy"
www.americanbankingnews.com - March 17 at 12:05 PM |
| PetIQ Inc Forecasted to Post FY2019 Earnings of $1.19 Per Share (PETQ)
www.americanbankingnews.com - March 16 at 2:20 PM |
| PetIQ Inc (PETQ) Forecasted to Earn Q1 2018 Earnings of $0.29 Per Share
www.americanbankingnews.com - March 16 at 8:12 AM |
| SunTrust Banks Weighs in on PetIQ Inc's Q1 2018 Earnings (PETQ)
www.americanbankingnews.com - March 16 at 8:12 AM |
| Jefferies Group Comments on PetIQ Inc's Q2 2018 Earnings (PETQ)
www.americanbankingnews.com - March 15 at 7:54 AM |
| Research Analysts Offer Predictions for PetIQ Inc's Q2 2018 Earnings (PETQ)
www.americanbankingnews.com - March 15 at 7:36 AM |
| PetIQ Inc to Post Q1 2018 Earnings of $0.24 Per Share, William Blair Forecasts (PETQ)
www.americanbankingnews.com - March 15 at 6:44 AM |
| PetIQ, Inc. Reports Fourth Quarter and Full Year 2017 Financial Results
finance.yahoo.com - March 13 at 6:04 PM |
| PetIQ reports 4Q loss
finance.yahoo.com - March 13 at 6:04 PM |
| PetIQ, Inc. Announces the Expansion of its Veterinary Services Offering in the Mass Retail Channel
finance.yahoo.com - March 13 at 6:04 PM |
| PetIQ Inc (PETQ) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - March 3 at 4:34 PM |
| PetIQ Inc (PETQ) Expected to Post Quarterly Sales of $51.63 Million
www.americanbankingnews.com - March 3 at 3:56 AM |
| Cooper Creek Partners Management LLC Buys 241,292 Shares of PetIQ Inc (PETQ)
www.americanbankingnews.com - March 1 at 5:11 PM |
| Spark Investment Management LLC Buys 14,300 Shares of PetIQ Inc (PETQ)
www.americanbankingnews.com - February 28 at 5:45 PM |
| Eagle Asset Management Inc. Acquires Shares of 92,533 PetIQ Inc (PETQ)
www.americanbankingnews.com - February 26 at 11:52 AM |
| PetIQ, Inc. to Report Fourth Quarter and Fiscal 2017 Results on Tuesday, March 13th
finance.yahoo.com - February 26 at 9:38 AM |
| JW Asset Management LLC Increases Holdings in PetIQ Inc (PETQ)
www.americanbankingnews.com - February 26 at 8:52 AM |
| PetIQ (PETQ) Downgraded by BidaskClub to "Hold"
www.americanbankingnews.com - February 18 at 2:16 PM |
| PetIQ Inc (PETQ) Expected to Post Quarterly Sales of $52.07 Million
www.americanbankingnews.com - February 15 at 6:58 AM |
| PetIQ Inc (PETQ) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - February 6 at 3:48 PM |
| $0.07 Earnings Per Share Expected for PetIQ Inc (PETQ) This Quarter
www.americanbankingnews.com - January 27 at 3:32 AM |
| Analysts Set Expectations for PetIQ Inc's FY2018 Earnings (PETQ)
www.americanbankingnews.com - January 25 at 12:26 PM |
| FY2017 EPS Estimates for PetIQ Inc (PETQ) Decreased by Analyst
www.americanbankingnews.com - January 24 at 6:30 AM |
| Zacks Investment Research Downgrades PetIQ (PETQ) to Hold
www.americanbankingnews.com - January 14 at 12:38 PM |
| $52.83 Million in Sales Expected for PetIQ Inc (PETQ) This Quarter
www.americanbankingnews.com - January 12 at 7:04 PM |
| PetIQ Inc (PETQ) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - January 12 at 4:26 PM |
PetIQ (NASDAQ:PETQ) SEC Filings
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PetIQ (NASDAQ:PETQ) Income Statement, Balance Sheet and Cash Flow Statement
PetIQ (NASDAQ PETQ) Stock Chart for Saturday, April, 21, 2018
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